The new dominion. [volume] (Morgantown, W. Va.) 1876-1904, 1887-08-21
Is m .'BUsTEDsv
Tenant & johnson, The West Va. Il.
X. Contractors Assign.
A Few Preferred Creditors, But the
Bulk Left Out.

Considerable excitement was
caused yesterday by the announce
ment that Tenant & Johnson, the
contractors of the West. Virginia
Railroad, had made an assignment.
Investigation only proved the rumor
to be too true. At this time it is
impossible to ascertain just how
their affairs stand. There is a
mighty wailing however among
scores of creditors. Many r1ing
houses, beef dealers, millers, number
men and laborers are afraid they
will never realize on their claims.
We, of course. are unable to give
them any light To make matters
as plain as possible to all interested
we append copy of the trust as re-
corded in clerks office yesterday:
THIS DEED made this 18th day
of August 1887 between Linns E,
Tenant and John w. johnson.
to Geo. c. Sturgiss, Grantee, Trus-
tee, conveys the following property:
All the powder in kegs, dynamite
and fuses, caps carts, wheelbarrows,
shovels, picks, mattocks, crobars,
drills, steel, blacksmith-tools and bel
lowses, plows, sledges, hammers,
feed, plows, grain and stock of goods,
boots and shoes, groceries, fencing,
fencing boards, shanties buildings,
including material of which same
are built, ss-ties, all timber saw
ed but not yet in the railroad, all
stock and bonds of the West Virgin
ia Railroad owned by said grantors
or that may become due and paya-
BILE to them under their contract for
building the road of the said West
Virginia railroad and all other per-
sonal property belonging to said
grantors or either of them individ-
ually or as partners.
In trust to secure the payment of
the following debts demands and
claims and in the order and priority
as follows, due from said grantors
as partners in business under the
firm name of Tenant & johnson,
viz:
First and in full, a debt of 81 900
due the Second National Bank of
Morgantown, executed by said gran
tors with Geo. w. johnson and Geo.
G. Sturgiss sureties.
Second and in full, a debt of about
$1,310 due to the American Manu-
featuring and Supply CO., limited
of New York.
Third and in full, debt of $3.50
for dynamite due to Bebout d Bro,
being the same sold by them to Liv
ingston & Bennett in April or May
last and assumed and used by the
grantors.
Fourth and in full, to indemnify
and to save, harmless from all loss,
James p. Fitch, by reason his surety
ship for said grantors ON stay
bond dated August 18th, 1887, exc
cuted by them and him in the suit
of Burbridge, Beall & Co., plaintiffs,
against said Tenant & johnson
defendants, before Squire Hayes
justice.
Fifth and in full, a debt due to
Samuel Kitchens on open account
amount not definitely ascertained.
Sixthly and pro rata, without
preference as among this last class
and after the payment in full of the
foregoing debts according to theil
priorities above set forth, all the
other debts, demands and claims
Justly due from said firm of Tenant
Il johnson.
If the said grantors or some one
for them shall not pay off and fully
satisfy the said several debts in thu
order Of their priority as above SCI
forth within sixty days from this
date the said grantor, trustee, (wht
is hereby authorized TO take imme
diate possession of said persona
property herein and hereby convey
ed) shall sell and dispose of thu
said personal property at public O
private sale, at retail or in gross, anC
for cash or upon reasonable cred:
with security therefor as he may
deem best for the interests of tn,
creditors secured and the grantors
and apply the proceeds of such sal
to said debts in the order and prior
ity named, after deducting tn,
proper and reasonable costs of exc
cutting this trust, and pay the resi-
due, if any to said grrantors.
LINNs f. TENANT,
WI Jo,,,-oD.-